SK Securities No.14 Special Purpose Acquisition Company Corp.

₩1,865As of Sun 8 Nov 2026, 12:00 UTC

KOSDAQ:0205H0Financials

Country South Korea

PE (Fwd) •••

TSR 10Y CAGR —

Div yield —

ROE —

Shell Companies

Beta (5Y) —

PE TTM —

TSR TTM —

Mkt cap ₩12.44B

ROIC —

SE Grade™

Value

Quality

Moat

Consensus

Reference

₩2,147

15.14%

(93.84%)

Hold 1|11|12|1|9

TTM

FYE 31 Dec KRW

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

1.767

Revenue₩B

1.906

1.989

2.115

2.259

2.344

2.409

2.503

2.635

2.804

3.004

1.829

5.09%

5.10%

17.37

Revenue growth%

25.84

26.68

28.60

26.76

25.05

23.92

24.90

27.65

26.10

23.39

20.60

24.90

25.97

22.84

Gross margin%

25.57

26.82

27.90

28.39

30.94

32.39

34.34

32.49

31.83

29.64

9.42

32.39

30.29

29.84

Operating margin%

4.65

6.42

5.22

6.23

4.62

6.77

4.63

6.66

7.91

7.82

10.17

6.77

6.33

6.94

Net margin%

14.79

13.82

14.12

11.35

9.15

10.60

12.34

9.80

10.47

10.99

24.07

10.60

11.17

15.75

P/E ratio (avg)x

16.27

18.07

17.76

17.53

19.13

20.57

23.32

25.26

27.15

27.95

25.73

25.26

19.85

29.05

EV/EBITx

20.47

22.92

26.15

28.43

28.42

29.78

31.51

30.91

30.34

33.60

24.06

30.91

29.10

15.05

FCF yield (avg)%

8.18

9.79

6.84

6.99

7.16

8.22

10.90

11.27

13.46

14.92

11.83

11.27

9.01

12.29

FCF margin%

11.39

11.12

12.20

12.78

12.98

13.34

16.18

17.45

19.56

16.61

2.08

16.61

13.16

1.410

FCF / Net incomex

1.698

1.683

1.925

2.224

2.469

2.366

2.373

2.415

2.606

2.628

1.172

2.415

2.370

15.39

ROIC%

16.89

15.53

17.79

17.60

17.47

19.72

18.21

15.62

15.84

12.90

24.28

15.84

17.18

27.55

Return on equity%

8.41

5.56

3.63

4.09

2.27

0.63

1.33

0.40

1.96

0.65

25.77

0.65

2.12

9.40

Return on assets%

2.33

0.40

1.61

3.73

1.47

2.60

1.79

2.01

2.98

5.90

27.26

2.60

2.17

211.05

EPS₩

260.21

235.68

207.64

226.63

205.74

204.07

182.31

169.80

161.07

165.96

224.81

(4.21%)

(4.13%)

—

27.98

EPS growth%

25.34

24.05

23.93

24.82

25.90

26.89

25.46

24.18

22.78

20.79

22.89

24.18

24.50

218.86

Bookvalue per sh₩

264.46

287.42

285.27

252.39

254.88

275.53

302.14

318.28

295.91

305.12

297.46

3.66%

1.69%

—

80.41

FCF per share₩

225.77

220.45

266.93

302.54

349.81

348.45

350.17

386.27

421.62

433.17

230.83

4.37%

6.51%

—

265.75

Dividend per sh₩

152.20

167.90

190.16

177.19

197.48

205.94

232.82

235.31

257.88

277.21

160.70

7.02%

6.83%

—

11.23

Div yield (avg)%

11.60

13.89

11.20

8.34

7.69

7.52

9.36

8.47

8.83

11.05

8.35

8.83

9.09

6.51

Payout ratio%

32.04

30.14

31.23

33.96

34.28

36.97

37.82

35.59

37.79

35.35

28.15

36.97

34.81

6.841

Shares (diluted)M

7.029

8.153

8.609

9.916

11.63

11.46

12.60

14.58

15.07

15.33

6.777

5.68%

8.77%

8.66

Buyback yield%

25.37

27.46

30.22

29.16

27.79

26.46

25.93

23.19

23.63

26.07

14.50

25.93

26.26

1.274

D/E ratiox

0.917

0.868

0.819

0.760

0.660

0.568

0.580

0.504

0.497

0.430

0.280

0.504

0.620

0.631

Enterprise value₩B

1.384

1.372

1.331

1.378

1.315

1.446

1.545

1.471

1.640

1.566

0.279

3.55%

1.48%

0.749

LT debt₩B

2.415

2.210

2.204

2.465

2.346

2.565

2.308

2.587

2.506

2.721

1.358

3.00%

1.08%

Peers (US$9.162M)

Cap (US$)

KB No.29 Special…

9.447M

88.54x

Hanwha Plus No 6…

8.856M

—

Hanwha Plus No 5…

8.740M

179.2x

Shinhan 12th Special…

8.514M

60.90x

Capital

TTM

10Y

Leveragex

0.460

(0.140)

(0.150)

EBIT/Intx

0.635

1.549

1.437

Own earn%

(60.69)

(45.08)

(39.05)

Sh yield%

19.89

33.97

36.22

Owners

Insiders/Inst%

5.12

79.20

Short interest%

2.39

SBC / revenue%

5.41

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

5–8

$1 testx

—

Incr. ROIC%

SK Securities No.14 Special Purpose Acquisition Company Corp. focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2026 and is based in Seoul, South Korea.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

₩3.004B

5.10%

1.00×

Cost of revenue

₩1.951B

5.23%

1.01×

Operating expenses

₩627.0M

5.15%

1.01×